California State Teachers' Retirement System accepted a plan from its fund manager Cerberus that enables it to divest its interests in Remington Outdoor, ending a two-year process…
Category: Outdoor
Halfords Cycling Sales Fall Abruptly in Fiscal Q4
Halfords Group plc reported same-store sales at its Cycling segment downshifted abruptly in the fourth quarter ended April 3, likely marking a slowdown or end to the United Kingdom's bike boom…
Dick’s Sporting Goods Names CFO-Designee
Dick's Sporting Goods, Inc. announced that Teri L. List-Stoll, will join the company in August 2015 as executive vice president, chief financial officer. In this capacity, List-Stoll will oversee the finance and legal organizations…
Sports Direct Names Interim CFO
Sports Direct International plc, the United Kingdom's leading sport goods retailer, has appointed Matt Pearson as Acting Chief Financial Officer. Pearson will join the board of Sports Direct International plc on June 4…
Remington Outdoor Says “Post-Surge Markest” Continued in First Quarter
Remington Outdoor Company reported sharply higher losses in the first quarter ended March 29, shedding new light on why it has been so difficult for Cerberus Capital Management to sell the country's oldest gun manufacturer…
Colt Defense Strives for Bondholder Agreement Ahead of Potential Bankruptcy
Colt Defense LLC has lined up financing from secured lenders and some landlords and equity investors for a prepackaged Chapter 11 bankruptcy plan ahead of a potential default on a $10.9 million payment due bondholders June 15, but said its unsecured bondh
Wilson Partners with FIBA
Wilson Sporting Goods Co., and FIBA, the International Basketball Federation, have entered into a four-year agreement for FIBA 3×3…
ABG and Global Brands Announce Licensing Agreement for Jones New York
Authentic Brands Group, LLC (ABG) and Global Brands Group Holding Limited jointly announced the signing of a long-term licensing agreement for Jones New York…
I1 Biometrics to Take Shockbox Helmet Sensor to Outdoor and Action Sports Markets
I1 Biometrics of Kirkland, WA plans to grow the Shockbox helmet sensor business it acquired last week by marketing it as a personal locator beacon to outdoor and action sports enthusiasts and their loved ones…
Zumiez Sees 12 Percent Q1 Earnings Gain
Zumiez Inc. reported sales in the first quarter increased 9.0 percent to $177.6 million from $162.9 million in the first quarter. Comparable sales for the thirteen weeks ended May 2, 2015 increased 3.0 percent compared to a comparable sales increase of 1.
Bolt Threads Raises $32.3 Million to Commercialize Engineered Silk
Bolt Threads, the Emeryville, CA startup that hired former Nau and Patagonia textile guru Jamie Bainbridge, has raised $32.3 million in Series B funding to commercialize its engineered silk technology…
Recent Precipitation Lifts Rafts Along Colorado River System
Western River Expeditions reports that late spring snow pack and rains have drastically improved the outlook for this season's rafting business along the Colorado River System…
Black Diamond Boardroom Downsizes
Black Diamond Inc. disclosed that CEO in waiting Zeena Freeman resigned from the company June 3 due to its decision earlier this year to consider selling off its brands. It also disclosed that CEO Peter Metcalf resigned from the company's board of di
Fleet Feet Sports Columbus Owner To Acquire FrontRunner
Fleet Feet Sports announced that Tim Flahaven, owner of the Columbus, Ohio, Fleet Feet Sports franchise, will acquire FrontRunner, a running retailer with two locations in Columbus…
Nike Appoints Coca-Cola Exec as CIO
Nike, Inc. appointed Jim Scholefield as its chief information officer. Scholefield most recently served as chief technology officer for The Coca-Cola Company…
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